Same here. I don’t plan on upgrading any time soon unless my 7+ conks completely.
> On Jan 22, 2019, at 8:40 AM, 'Donna Goodin' via MacVisionaries > <macvisionaries@googlegroups.com> wrote: > > Well, I hope he's wrong about Apple's end being near, but what he describes > is certainly true in our house. I used to upgrade just about every year. > But I did not upgrade this past year, and I'm thinking about sitting out next > year, too. If I'm going to pay $1000 for a phone, I definitely want more > than one year's use out of it. While I'm happy to spend a little more to > support Apple because of all they've done for accessibility, my bank account > isn't bottomless. You'd think someone at Apple would be putting all this > together. It's one thing to charge top dollar because you can get it. But > if products aren't selling, then they need to revise their business model. > Cheers, > Donna > > >> On Jan 21, 2019, at 11:17 PM, M. Taylor <mk...@ucla.edu> wrote: >> >> The End Of Apple >> By Stephen McBride >> >> "Oh man, that's almost a month's rent for me." >> Here I am sitting in a cab in New York City. >> I'm headed uptown to Columbia University where we'll hold the first-ever >> American Disruption Summit. (You can register to watch for free here.) >> The driver and I are talking about the absurd price tag of the latest Apple >> (AAPL) iPhone. >> He's shocked when I tell him the cheapest model is $1,149. >> "Who can afford that?" he asks. >> >> Apple's Imminent Crash Has Begun >> Apple has had an incredible decade. >> Since the iPhone debuted in 2007, the company's sales have jumped tenfold. >> The stock has soared over 700%. >> And up until last November, it was the world's largest publicly traded >> company. >> But two weeks ago, Apple issued a rare warning that shocked investors. >> For the first time since 2002, the company slashed its earnings forecast. >> The stock plunged 10% for its worst day in six years. >> This capped off a horrible few months in which Apple stock crashed about 35% >> from its November peak. >> >> That erased $446 billion in shareholder value-the biggest wipeout of wealth >> in a single stock ever. >> And it's only the beginning. >> Apple's Strong Revenue Growth Hides a Dirty Secret >> If you looked at Apple's sales numbers, you wouldn't see anything wrong. >> Since 2001, Apple has seen steady revenue growth: >> >> By this measure, Apple's business seems perfectly healthy. But there's a >> secret hidden behind these headline numbers. >> Despite the revenue growth, Apple is selling fewer iPhones every year. >> In fact, iPhone unit sales peaked way back in 2015. Last year, Apple sold 14 >> million fewer phones than it did three years ago. >> Apple Kept Revenue Growth Only by Raising iPhone Prices >> In 2010, you could buy a brand-new iPhone 4 for 199 bucks. >> In 2014, the newly released iPhone 6 cost 299 bucks. >> Today the cheapest model of the latest iPhone X costs $1,149! >> It's a 500% hike from what Apple charged eight years ago. >> But technology always gets cheaper over time. >> Not so long ago, a flat-screen high-definition TV was a luxury. Even a small >> one cost thousands of dollars. Today you can get a 55-inch one from Best Buy >> for $500. >> In 1984, Motorola sold the first cell phone for $4,000. The average price >> for a smartphone today is $320, according to research firm IDC. >> Cell phone prices have come down roughly 92%. And yet, Apple has hiked its >> smartphone prices by 500%! >> Frankly, it's remarkable that Apple has managed to pull this off. >> But let me tell you this. >> Apple Can't Raise Prices Anymore >> It comes down to the lifecycle of disruptive businesses. >> Twelve years ago, only 120 million people owned a cell phone. Today over >> five billion people own a smartphone, according to IDC. >> Apple was the driving force behind this explosion. As the dominant player in >> a rapidly growing market, it become the most profitable publicly traded >> company in history. >> Then iPhone sales growth stalled in 2015. This would've been the end for >> most businesses. >> But Apple did a masterful job of extending its prime through price hikes. >> Its prestigious brand and army of die-hard fans allowed it to charge prices >> that seemed crazy just a few years ago. >> But now iPhone price hikes have gone about as far as they can go. >> After all, what's the most you would pay for a smartphone? >> $1,500? >> $2,000? >> >> How bad is this? It's so bad that Apple now keeps it a secret. >> In November, Apple announced it would stop disclosing iPhone unit sales. >> This is a very important piece of information. Investors deserve to know it. >> Yet Apple now keeps it secret. >> Keep in Mind, the iPhone is Apple's Crown Jewel >> iPhone generates two-thirds of Apple's overall sales. >> Let that sink in. >> A publicly traded company that makes most of its money from selling phones >> is no longer telling investors how many phones it sells! >> And its other business lines can't pick up the slack for falling iPhone >> sales. >> Twenty percent of Apple's revenue comes from iPads and computers. Those >> segments are also stagnant. >> Which means 86% of Apple's business is going nowhere. >> Could Apple go the other way and slash iPhone prices? >> I ran the numbers. >> If Apple cut prices back to 2016 levels, it would have to sell 41 million >> additional phones just to match 2018's revenue. >> >> Will Apple Meet Nokia's Fate? >> Before Apple, Nokia (NOK) was king of cell phones. >> In 2007 the front-cover headline of a major business magazine read: >> "Nokia: One billion customers-can anyone catch the cell phone king?" >> The iPhone debuted in 2007. Here's Nokia's stock chart since then: >> >> Original Article at: >> https://www.forbes.com/sites/stephenmcbride1/2019/01/21/the-end-of-apple/#68 >> 6fdd936dc0 >> >> -- >> The following information is important for all members of the Mac >> Visionaries list. >> >> If you have any questions or concerns about the running of this list, or if >> you feel that a member's post is inappropriate, please contact the owners or >> moderators directly rather than posting on the list itself. >> >> Your Mac Visionaries list moderator is Mark Taylor. You can reach mark at: >> mk...@ucla.edu and your owner is Cara Quinn - you can reach Cara at >> caraqu...@caraquinn.com >> >> The archives for this list can be searched at: >> http://www.mail-archive.com/macvisionaries@googlegroups.com/ >> --- >> You received this message because you are subscribed to the Google Groups >> "MacVisionaries" group. >> To unsubscribe from this group and stop receiving emails from it, send an >> email to macvisionaries+unsubscr...@googlegroups.com. >> To post to this group, send email to macvisionaries@googlegroups.com. >> Visit this group at https://groups.google.com/group/macvisionaries. >> For more options, visit https://groups.google.com/d/optout. > > -- > The following information is important for all members of the Mac Visionaries > list. > > If you have any questions or concerns about the running of this list, or if > you feel that a member's post is inappropriate, please contact the owners or > moderators directly rather than posting on the list itself. > > Your Mac Visionaries list moderator is Mark Taylor. You can reach mark at: > mk...@ucla.edu and your owner is Cara Quinn - you can reach Cara at > caraqu...@caraquinn.com > > The archives for this list can be searched at: > http://www.mail-archive.com/macvisionaries@googlegroups.com/ > --- > You received this message because you are subscribed to the Google Groups > "MacVisionaries" group. > To unsubscribe from this group and stop receiving emails from it, send an > email to macvisionaries+unsubscr...@googlegroups.com. > To post to this group, send email to macvisionaries@googlegroups.com. > Visit this group at https://groups.google.com/group/macvisionaries. > For more options, visit https://groups.google.com/d/optout. -- The following information is important for all members of the Mac Visionaries list. If you have any questions or concerns about the running of this list, or if you feel that a member's post is inappropriate, please contact the owners or moderators directly rather than posting on the list itself. Your Mac Visionaries list moderator is Mark Taylor. You can reach mark at: mk...@ucla.edu and your owner is Cara Quinn - you can reach Cara at caraqu...@caraquinn.com The archives for this list can be searched at: http://www.mail-archive.com/macvisionaries@googlegroups.com/ --- You received this message because you are subscribed to the Google Groups "MacVisionaries" group. To unsubscribe from this group and stop receiving emails from it, send an email to macvisionaries+unsubscr...@googlegroups.com. To post to this group, send email to macvisionaries@googlegroups.com. Visit this group at https://groups.google.com/group/macvisionaries. For more options, visit https://groups.google.com/d/optout.
